Bobst Group announces that it will exercise before the end of the year its option to purchase from Gary Tseng the remaining 35% of the Gordon Ltd shares, the Hong Kong based holding company of Shanghai Eternal Machinery Co. Ltd.
Bobst Group announces that it will exercise before the end of the year its option to purchase from Gary Tseng the remaining 35% of the Gordon Ltd shares, the Hong Kong based holding company of Shanghai Eternal Machinery Co. Ltd.
Diebold, Incorporated (NYSE: DBD) today confirmed that it has entered into a non-binding term sheet agreement with Paderborn, Germany-based Wincor Nixdorf regarding the key parameters of a potential strategic business combination. Such a business combination would be implemented through a public tender offer for all issued shares of Wincor Nixdorf. The proposed offer price of EUR 52.50 per share for Wincor Nixdorf would be paid in cash and Diebold shares.
Barry-Wehmiller Cos., Inc., capital equipment and engineering solutions leader, acquired the Bielomatik paper processing product line from Bielomatik Leuze GmbH + Co. KG. Bielomatik operations will be integrated within BW Papersystems, a global supplier to the paper and board sheeting, paper converting, and corrugating industries. The sale became final Oct. 1.
Bielomatik's paper processing line business is Barry-Wehmiller's 78th acquisition. Its integration within BW Papersystems' German operations will create a $430 million global group serving the paper and corrugating industry. With this newest addition, Barry-Wehmiller's revenues will approach $2.4 billion as it expands worldwide.
Mars, Incorporated have acquired the manufacturer and owner of iconic brands Conejos and Turin
In-Touch Survey Systems Ltd. ("In-Touch" TSXV: INX) announces that it has acquired Statopex Inc. a customer experience measurement company. Statopex, from its Montreal base, has a strong list of customers and provides its services to customers in Quebec and across Canada.
Graphic Packaging Holding Company (NYSE: GPK), a leading global provider of packaging solutions to food, beverage and other consumer products companies, today announced that its wholly owned subsidiary, Graphic Packaging International, Inc., has acquired the converting assets of Staunton, VA based Carded Graphics, an award winning printed folding carton producer with a strong regional position in the food, craft beer and other consumer product markets.
Richards Packaging Income Fund (TSX: RPI.UN) (the "Fund") announces today the acquisition of all of the outstanding shares of Healthmark Services Ltd. ("Healthmark"), the leading Canadian provider of sterile IV, chemo and oral drug packaging and dispensing systems to the health care industry. The purchase price of $16.8 million was financed by a $15.0 million increase to the term credit and a $1.8 million draw down on the revolving credit.
Sealed Air Corporation (NYSE:SEE) announced that it has entered into an agreement for the potential sale of its European food trays business to Faerch Plast A/S, a European food packaging solutions provider. The transaction will include Sealed Air's manufacturing facilities in Poole, UK and Bunol, Spain, and is contingent on customary closing conditions which are anticipated to occur in the fourth quarter of 2015.
Today, Berry Plastics Group, Inc. (NYSE: BERY) completed the previously announced acquisition of AVINTIV Inc. (AVINTIV) from private equity funds managed by Blackstone for a cash purchase price of approximately $2.45 billion, subject to post-closing adjustment for working capital and certain other items.
Barcelona mill
Stora Enso has completed the divestment announced on 27 July 2015 of its Barcelona mill, which produces recycled-fibre based consumer board, to the private equity fund Quantum. The transaction is in line with Stora Enso's strategy to focus its consumer board offering on high quality virgin-fibre products.
Sharp Business Systems, a direct sales division of Sharp Imaging and Information Company of America (SIICA), announces the expansion of its direct regional sales operation in the Carolinas with the acquisition of Sandhills Office Systems' (SOS) customer base.